Get rehired within a month or be fired, Meta has made it clear to their employees whose departments got reorganized.
Meta formerly known as Facebook plans to cut costs by at least 10% in the coming months, the Wall Street Journal reported on Wednesday. And it’s taken to putting more and more workers whose jobs are being eliminated on its traditional “30-day list.”
Meta recently reported its first revenue decline since going public a decade ago, prompting CEO Mark Zuckerberg to warn that teams within the company were “going to shrink” and that he expected the firm would soon have to “get more done with fewer resources.”
This is just weeks after Meta reportedly used a controversial algorithm to lay off 60 workers “at random.”
Meta CEO billionaire Mark Zuckerberg has been a familiar face in the news now that Facebook has been receiving deserved heat for influencing the 2020 election.
Earlier this week Zuckerberg, and his wife, Priscilla Chan, were hit with legal complaints related to the 2020 election from The Center for Renewing America.